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(Wireless-NewsWire.Com, October 23, 2019 ) Market Overview:
An uninterruptible power supply or uninterruptible power source (UPS) is an electrical apparatus that provides emergency power to a load when the input power source or mains power fails. A UPS differs from an auxiliary or emergency power system or standby generator in that it will provide near-instantaneous protection from input power interruptions, by supplying energy stored in batteries, supercapacitors, or flywheels. The data center UPS are UPS that are used in the data centers for emergency power failure.
Market Dynamics:
The Data Center UPS market growth is primarily driven by increasing data storage needs, higher adoption of cloud computing, the rapid growth of big data and data science within various industry verticals, and development of IT infrastructure within different developing countries.
However, the high initial cost and high maintenance cost of UPS are some of the factors that will hinder the growth of the Data Center UPS market for the forecast period.
Market Segmentation:
By Size of Data Center, the Data Center UPS market is segmented into Small Data Center, Medium Data Center, and Large Data Center. Small Data Centers have the dominant position in the Size of Data Center segment and is expected to retain its dominance in the forecasted period.
By Solution, the Data Center UPS market is segmented into Line interactive, Standby, and Online. Online UPS has the dominant share in the Solution segment and is expected to retain its dominance in the forecast period. The online UPS systems are majorly used for critical business applications in several sectors, owing to which high demand for these systems is being witnessed in the industry as they provide instant power backup.
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Geographical Analysis:
Geographically, the market is divided into North America, Europe, South America, Asia-Pacific and the Middle East and Africa.
North America holds the largest market share for data center UPS. With the high internet penetration in the region coupled with enormous amount of data being uploaded on the internet every second has attributed to the significant rise in the number of data centers being built in the region. There are large investment projects coming up in the forecast period by major tech giants. For instance, Google's parent company Alphabet's CEO Sundar Pichai said that after spending $9 billion in 2018 on data center and office construction, the company would up the ante in 2019 to $13 billion.
Competitive Analysis:
The major players include Emerson, Ametek Inc., Eaton, ABB Ltd, and Mitsubishi Electric. Other key players in the market include General Electric Co., Delta Electronics Inc, Siemens, Schneider Electric S.A, and Toshiba Corp.
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Sai Kiran
+1 877 441 4866
pr@datamintelligence.com
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